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Just for fun, here we talk about using Monte Carlo simulation to estimate the value of π (3.14159…). A circle of radius one will have area equal to π, and a square drawn around that circle will have area 4. When centered at the origin the circle has the equation...
Business continuity and emergency response managers know that recovering from a crisis requires proactive planning – regardless of whether you can see trouble approaching. Lessons from the COVID-19 pandemic have taught us to expect the unexpected. So called “black...